In the case of Federal Investigation Agency (FIA)’s action against money exchange companies involved in reference handi and currency smuggling in Karachi, the Anti-Corruption Circle has sent a letter to the State Bank to take action against 2 companies. The letter has been written to the Director Exchange Policy Department, State Bank of Pakistan (SBP),…
The market capitalization of PSX increased by 17 billion rupees to 6 thousand 891 billion rupees. The Pakistan Stock Exchange (PSX) had a mixed day of business today. 100 index closed down 27 points at 46,393. During the business day, the 100 index remained in a band of 284 points, while today the highest level…
Karachi: The US Dollar continues to depreciate against the Pakistani Rupee. Due to the increase in foreign exchange reserves and the crackdown against elements involved in illegal activities, the dollar remained in reverse gear for the fifteenth day on Monday, due to which the interbank rates of the dollar fell to the lowest level in…
—File photo Secretary General of Pakistan Association of Large Steel Producers, Wajid Bukhari, says that due to the high cost of electricity, Saria will become very expensive. Secretary General Wajid Bukhari has said in his statement that Saria will become expensive from 2 lakh 88 thousand rupees per ton. He said that as factories making…
—-File photo The spokesperson of the Oil and Gas Regulatory Authority (OGRA) says that Speculation on the prices of petroleum products can disrupt the oil supply chain. In a statement, an OGRA spokesperson said that OGRA emphasizes the importance of avoiding speculation on the prices of petroleum products. The Ogra spokesperson says that the prices…
Swat: A large number of foreign tourists continue to arrive in the Swat Valley, which is called the Switzerland of Pakistan. The Kalam region of Swat receives a large number of tourists from European countries in the month of September alone, who visit the Mankyal and Mahudand hills for trekking. Foreign tourists flocked to different…
Muhammad Yunus Dagha – file photo Caretaker Provincial Minister of Revenue and Industries and Commerce Muhammad Yunus Dagha says that the exchange rate cannot be left at the mercy of exchange companies. Mohammad Yunus Dagha while addressing the conference said that several exchange companies play the role of front office of reference dealers. He added…
—File photo A nationwide crackdown against electricity thieves by ‘Special Task Forces’ is ongoing, as a result of which many accused have been arrested and cases have been registered. Operation against electricity thieves in Lahore On the 19th day, the operation against the electricity thieves is continuing on behalf of the Lahore Electric Supply Company….
After medical examination and consultation with experts, he has been asked to undergo shoulder surgery. Photo: AFP Lahore: Naseem Shah is likely to undergo shoulder surgery soon. The pacer, who did not complete his last over due to an injury during the Asia Cup match against India, underwent a scan in Dubai, after medical examination…
—File photo Chairman Cotton Gener’s Forum Ehsanul Haque says that cotton crop has been severely damaged due to whitefly and rains. Ehsan-ul-Haq has said in his statement that in this situation there is a fear of not achieving the production target of 1 crore 27 lakh bales of cotton, which may limit the production of…
